Technology
India's education sector: Learning curve
There is no shortage of demand for services or investment opportunity in India’s education sector, but negotiating overcrowding and heavy regulation requires a clear strategy
Lightspeed, Charles River invest in big data firm Qubole
Qubole, a Bangalore-based big data firm, has raised $7 million in series A funding from Lightspeed Ventures, Charles River Ventures and angel investors Anand Rajaram, the head of WalmartLabs, and Cambrian Ventures founding partner Venky Harinarayan.
Kae Capital leads investment in Indian app building startup ShepHertz
Kae Capital, Blume Ventures and Mumbai Angels have invested an undisclosed amount in ShepHertz Technologies.
Helion, Ventureast invest in tech firm Selcore
Indian VCs Helion Venture Partners and Ventureast Proactive have made a joint investment in enterprise information rights management (IRM) provider Selcore. The financial details of the deal were not disclosed.
Silver Lake closes Fund IV at a record $10.3b
Tech-focused private equity firm Silver Lake has closed its latest global buyout technology fund at $10.3 billion. LPs made capital commitments of $10 billion, while $300 million was committed to the fund by Silver Lake fund managers and affiliated entities....
Fenox, IMJ to invest in SE Asian, Japanese start-ups
Silicon Valley's Fenox Venture Capital and Japanese mobile solution provider IMJ Corporation have jointly established IMJ Fenox Pte with a view to investing in mobile, Internet and software technologies in Southeast Asia, Japan and the US.
SingTel Innov8 leads $5m Series A round in China's Yodo1
SingTel Innov8, the VC unit of Singapore's SingTel Group, has led a $5 million round of Series A funding in Chinese smartphone game publisher Yodo1. Original investor Chang You Fund also took part in this latest round.
China's VC-backed Light in the Box files for $86m IPO
VC-backed Chinese online retailer Light in the Box could raise up to $86.3 million through an IPO on the New York Stock Exchange.
Bessemer Ventures leads $1m round in Singapore's Nitrous.IO
Bessemer Venture Partners has led a $1 million round of seed investment in Singapore tech start-up Nitrous.IO.
Navis acquires stake in Malaysian IT firm Strateq
Navis Capital Partners has bought a 54.8% stake in Malaysian IT firm Strateq from Kencana Capital. Sources familiar with the situation told AVCJ the deal was valued at MYR35-50 million ($11-16 million), or around 6x forward EBITDA.
Qiming, KPCB lead $21.3m Series C investment in Origene
Qiming Venture Partners and KPCB China have led $21.3 million of Series C funding in OriGene Technologies, a biotech company based in the US and China.
Carlyle exits Japan's Broadleaf through IPO
The Carlyle Group has exited its majority stake in Japanese software company Broadleaf though an IPO on the Tokyo Stock Exchange.
CVCI invests in BPO firm SourceHOV, Apollo exits
Citi Venture Capital international (CVCI) has invested in SourceHOV, a largely India-based business process out-sourcing (BPO) firm. The deal will see CVCI buy out other minority shareholders including Apollo Global Management. The value of the deal has...
Singapore's Golden Gate Ventures eyes Series A fund
Singapore-based Golden Gate Ventures is planning to raise a second fund focusing on Series A investments in Southeast Asian tech companies. A source with knowledge of the matter said the fund would launch within 12 months, targeting around $40 million....
Profile: Providence Equity Partners' Bis Subramanian
A former electrical engineer and Intel employee, Bis Subramanian's sector expertise made him a perfect for Providence Equity Partners, even more so when the firm took its first steps into Asia
KKR eyes Panasonic healthcare unit - report
KKR is said to be among several investors showing interest as Panasonic looks to offload its healthcare unit.
Bessemer backs Indian IT services provider Anunta
Bessemer Venture Partners (BVP) has invested in Anunta Technology Management Services, a cloud-based IT services company, as part of Series A investment round. Financial details of the deal were not disclosed.
IDG Ventures targets $175m for second India fund
IDG Ventures India is targeting $175 million for its second India-focused fund. The predecessor vehicle raised $150 million in 2007.
Infinity and affiliate secure 4.7% of Anxin-China
Infinity Group, the Israel-based private equity firm created by China Development Bank and Israeli conglomerate IDB Group, has joined an affiliate in purchasing a 4.7% stake in Anxin-China Holdings for $30 million.
Big data, big deal?
Following the success of India’s business process outsourcing industry, big data is being touted as the next major opportunity for technology investors in the country
Fulcrum Venture India invests $1.5m in Congruent Solutions
Fulcrum Venture India has invested INR80 million ($1.5 million) for a 20% stake in Congruent Solutions, a specialist software service provider in the pension administration industry.
India's BookAdSpace gets angel investment
BookAdSpace, an online platform for buying and selling physical advertising space, has received angel funding from Aakrit Vaish, the director of Flurry India, and Mitesh Sampat, the vice-president of product strategy at Quova.
MH Carnegie buys majority stake in Australia's Assetic
MH Carnegie, an Australian private equity investor, has acquired a 55% stake in Assetic, a Melbourne-based technology firm, for A$10 million ($10.6 billion).
CanBank Venture backs India's Vinyas Innovative Technology
Canbank Venture Capital Fund, the PE unit of Canara Bank, has invested INR100 million ($1.8 million) in Mysore-based electronic manufacturing services firm Vinyas Innovative Technologies.